DoorDash garners $71b valuation in blockbuster market debut

DoorDash garners $71b valuation in blockbuster market debut

Visual from DoorDash website

DoorDash Inc shares popped more than 80% in their debut on Wednesday, valuing the food delivery company at $71.3 billion or more than four times its worth at a private fundraising round six months ago, underscoring investor appetite for technology companies boosted by the COVID-19 pandemic.

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